Abstract
The macro-level impacts of information and communication technology (ICT) investments on institutionalized democracy and foreign direct investment (FDI) levels in emerging societies are examined within a multi-theoretic framework that considers societal structure, power, and globalization-driven societal change. Using multilevel change modeling and longitudinal data from 48 emerging societies across seven years, ICT investments are observed to produce positive direct impacts on future levels of institutionalized democracy and FDI. After controlling for several covariates, the direct impact of ICT investments on future levels of institutionalized democracy in emerging societies is shown to partially explain the observed relationship between ICT investments and future FDI in those societies. The implications of these results are discussed in light of an emerging and exemplary World Bank debate over the historical search for a simple recipe for emerging society development and the need for a new way of thinking represented by what has been referred to as "new structural economics".
| Original language | English (US) |
|---|---|
| Pages (from-to) | 116-149 |
| Number of pages | 34 |
| Journal | Journal of the Association of Information Systems |
| Volume | 13 |
| Issue number | 3 |
| State | Published - Mar 2012 |
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Keywords
- Democracy
- Emerging societies
- Foreign direct investment
- ICT
ASJC Scopus subject areas
- Computer Science Applications
- Information Systems
Cite this
An empirical examination of the impact of ICT investments on future levels of institutionalized democracy and foreign direct investment in emerging societies. / Soper, Daniel S.; Demirkan, Haluk; Goul, Kenneth; St Louis, Robert.
In: Journal of the Association of Information Systems, Vol. 13, No. 3, 03.2012, p. 116-149.Research output: Contribution to journal › Article
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TY - JOUR
T1 - An empirical examination of the impact of ICT investments on future levels of institutionalized democracy and foreign direct investment in emerging societies
AU - Soper, Daniel S.
AU - Demirkan, Haluk
AU - Goul, Kenneth
AU - St Louis, Robert
PY - 2012/3
Y1 - 2012/3
N2 - The macro-level impacts of information and communication technology (ICT) investments on institutionalized democracy and foreign direct investment (FDI) levels in emerging societies are examined within a multi-theoretic framework that considers societal structure, power, and globalization-driven societal change. Using multilevel change modeling and longitudinal data from 48 emerging societies across seven years, ICT investments are observed to produce positive direct impacts on future levels of institutionalized democracy and FDI. After controlling for several covariates, the direct impact of ICT investments on future levels of institutionalized democracy in emerging societies is shown to partially explain the observed relationship between ICT investments and future FDI in those societies. The implications of these results are discussed in light of an emerging and exemplary World Bank debate over the historical search for a simple recipe for emerging society development and the need for a new way of thinking represented by what has been referred to as "new structural economics".
AB - The macro-level impacts of information and communication technology (ICT) investments on institutionalized democracy and foreign direct investment (FDI) levels in emerging societies are examined within a multi-theoretic framework that considers societal structure, power, and globalization-driven societal change. Using multilevel change modeling and longitudinal data from 48 emerging societies across seven years, ICT investments are observed to produce positive direct impacts on future levels of institutionalized democracy and FDI. After controlling for several covariates, the direct impact of ICT investments on future levels of institutionalized democracy in emerging societies is shown to partially explain the observed relationship between ICT investments and future FDI in those societies. The implications of these results are discussed in light of an emerging and exemplary World Bank debate over the historical search for a simple recipe for emerging society development and the need for a new way of thinking represented by what has been referred to as "new structural economics".
KW - Democracy
KW - Emerging societies
KW - Foreign direct investment
KW - ICT
UR - http://www.scopus.com/inward/record.url?scp=84862339558&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84862339558&partnerID=8YFLogxK
M3 - Article
AN - SCOPUS:84862339558
VL - 13
SP - 116
EP - 149
JO - Journal of the Association of Information Systems
JF - Journal of the Association of Information Systems
SN - 1536-9323
IS - 3
ER -